About your Search

20130822
20130830
STATION
CSPAN 25
MSNBCW 23
CSPAN2 22
CNBC 21
FBC 19
FOXNEWS 15
SFGTV2 11
MSNBC 10
KCSM (PBS) 9
SFGTV 6
KNTV (NBC) 5
KPIX (CBS) 5
WUSA (CBS) 5
CNNW 4
( more )
LANGUAGE
English 238
Search Results 0 to 49 of about 238 (some duplicates have been removed)
that back now. there is a huge deficits. half will be from savings. half of the from new taxation's. is what we're doing from the beginning. >> that is a drop in the bucket. >> it is an amount which is quite important. i think with the government is doing today is taxing more of the very rich but not the enterprise. they are suffering the most. >> we have had the credit, the tax credit for the enterprise to be able to have new margins. this government is doing things for business, but it also has to reduce the deficit. >> i will let you speak. we have take a quick break. when we come back, i want to hear your answer. stay with us. >> welcome back or welcome if you are just joining us. samples of the stories we will be following for you at the top of the hour right here. u.n. inspectors in damascus resuming their probe as the secretary-general says that the security council must uphold its responsibilities over the alleged use of chemical weapons. barack obama set to speak at the very spot martin luther king delivered his iconic i have a dream address 50 years ago today. police in china offer
payment deficit. these deficit payments themselves being partially financed by rising prices until a short while ago the emerging market prices began to rise, commodity prices again, foreign-exchange rates, economic growth in emerging markets themselves. at the moment, some of these trends are in reverse making for reciprocal dangers. a word about the cpi. statisticians have impeached the u.s. government methodology to compete consumer price index. for example using the methodology of cpi computation in 1980, cpi inflation would have been close to 10%, using the government methodology of 1990, cpi inflation would have been closer to 6%. whatever. and wherever the inflation, workers earning 6 salaries and wages and those living on pensions and fixed-income this know that their paychecks and their miniscule income from savings do not keep up with their expenses which must be paid for at rising true market prices, and working people of also discovered that the credit worthy liquid financial clash with access to cheap money at the fed and that the bank has enriched itself not only by bailout s
for trying to get the deficit down and clearly the cbo staff behind the scenes worked with the super committee answering questions. there's an awful lot of work cbo does that isn't visible but they are providing advice when asked congressional staff committees. what would have happened is if the super committee had been successful is that the cbo would have had to score whatever legislative changes the super committee came up with in order to determine whether they actually met the target set from the super committee. at least $1.2 trillion over ten years in order to prevent the automatic sequestration from taking effect if they had gotten that far which we now know they didn't to be the cbo would have had to judge whether the specific changes they came up with on the tax side or the spending side actually met the target. if you didn't meet that target then one of two things that have happened. they would have gone back to the drawing board and added things that would have brought them up to the target for the difference between what they did they had the ultimate target which is wha
severe macroeconomic imbalances, particularly a rather large current account deficit. as you pointed out, low growth, rising inflation, a fiscal deficit growing very rapidly and seems to be somewhat out of control, and in general a lack of any kind of sustainable reforms that would increase investment and productivity. >> to be honest with you, as i am listening to you i do not feel all that optimist that whatever they are doing over there is -- raising the rates in fixing the economy -- what else can the central bank do? are we looking at this properly? is it really the central bank's job to fix the economy? >> it is not. the central bank always has a short term target. with the central bank has done right now is quite adequate in the sense that it is not intervening anymore than it was intervening before in the foreign exchange market. but it is doing so in a more predictable way. that gives some reduction to the market. it is offering a hedge in u.s. dollars for companies that borrowed abroad. it has given some tranquility to that market. in addition, it is trying to fight the possibl
without offsets in how much it's going to increase. remember, the fact here is that we have a deficit, and it seems to me the actors that are being portrayed as insane are the ones who are no plan to reduce the debt. the democrats in the senate. and the democrat in the white house. and the ups being portrayed as insane are the ones who want to have a plan to reduce the -- >> deficits under reagan, deficits under w. you didn't default on the national debt under those guys, did you? we defaulted on the national debt? >> no, we didn't default. >> that's what you're talking about now. >> $16.7 trillion. >> your solution to the fiscal challenge of the country is to default? >> i think the fiscal challenge of the country is to figure out how to reduce debt and the scope of government. >> what you're saying is not what they're saying. rick, i respect you being here. thanks for coming on. what ted cruz is saying, if you don't defund a law of the land, affordable care act, obama care, i'm going to bring down the government and make sure we default. >> he has every right to pursue that strategy
that this country is in store for a bad time when it comes to the money and the deficit and the debt and all that. what do you think? >> i think there's too much attention put on the debt and the deficit. sequestration, it helps the deficit and the debt situation, but is it the best thing to do? is it really good to kick people off the headstart roles in order to lower the deficit a little bit? obviously, at a time when the economy is not doing that well, people don't have jobs, cutting back on the spending is perhaps not quite what has shown to be working rather than more stimulus. that washington gets wrapped up in the debt and deficit and doesn't look beyond that what is happening with the rest of the country and the effect this is happening on the ground for people who have no jobs and can i get on their feet and can i government benefits that were there for them as a safety net there -- and cannot get on their feet and cannot get government benefits that were there for them as a safety net. you are always a little bit worried. i think people want to do better than their parents did and you w
:40, we'll learn how the french government plans to plug a euro deficit. at 11:05 cet we'll set aside some brazil and be joined by a guest who says the country's central bank could hike rates as they struggle with a weakening currency and imported inflation. jpmorgan's list of legal challenges gets longer. we'll get the details from new york at 11:45. all that and plenty more over the next couple of hours. any thoughts or comments, e-mail us, worldwide@cnbc.com. first, speculation is growing that the u.s. and allies will launch a missile strike against syria within days after widespread condemnation from global leaders about the alleged use of chemical weapons by the assad regime. speaking last night, u.s. vice president joe biden said there was no doubt chemical weapons were used and those responsible should be held accountable. the british prime minister david cameron's office backed the white house earlier today saying both governments had clear evidence the regime carried out the attacks. cameron reconvened parliament early to vote for a motion on syria on thursday, but some surroundin
a terrible recession. but the combination of increased spending and less revenue meant that the deficit went up. and by the time the republicans took over the house in 2011, they had made this a major issue. and understandably a lot of families said we're having to tighten our belts, the federal government should too. although part of what you want the federal government to do when everyone else is having a hard time is to make sure that you're providing additional support. as the economy has improved, the deficit has gone down. it's dropped at the fastest rate in 60 years. i want to repeat that because a lot of people think if you ask the average person what's happening with the deficit, they'd tell you it's going up. the deficit has been cut in half since 2009 and is on a downward trajectory. and it's going down faster than any time since world war ii. so we don't have a problem in terms of spending on education. we don't have a problem when it comes to spending on research and development. we do have a long-term problem that has to do with our health care programs, medicare and medicaid.
, the deficit, tapering. syria is the culprit of today's action and it intensifies the act. it seems to be more of a buyer strike than massive sellers. cheryl: you believe the market is looking for a bottom pushing toward the bottom at the same time syria seems to be the cause. if we have more escalation, does the market continued to trend lower or is this a bottom for the market to find? the issue of syria. speaker that is a great question. it spirals out of control hitting the market. we pulled back about 5%, less than that on the s&p. if you look at the fear index, we have seen a huge spike in fear. marking the short term bottom. a lot of the moves in fear. above 35%. the s&p up about 2%, average of 75% of the time. up 6 straight times, never happened before. the security headlines, but we have seen this before. if we have good news we can get surprises. david: when they panic, you are happy. it is interesting while everybody else is running for the hills, you have upped your year-end figure. that is a very bullish call for a moment like this where everybody is selling. >> that is right. we
, the deficit, the debt and all of that. what do you think? >> often a lot of attention is put on the debt and the deficit. cutting back, for example, with sequestration. it helps the deficit and the debt squags. but is it really the best thing to do? is it really good to kick people off of the head start rolls in order to lower the deficit a little bit? i think that obviously at a time when the economy is not doing that well, people don't have jobs, cutting back on the spending is perhaps, you know, not quite what has shown to be working when rather more stimulus. washington gets wrapped up in the debt and deficit and doesn't go beyond and look at what's going on in the rest of the country and how this is having an effect on the people on the ground. people who don't have jobs and can't get back on the feet and can't get the government benefits that were there for them as a safety net. >> should you say you ear not worried about your own future? >> i think that -- you know, i think that -- you're always a little bit worried. you see that -- you see that -- i think people want to do better
on that. we're going to have an $800 billion deficit this year. congress approved that. i would say we're working together to well. [laughter] we have agencies rife with fraud that congress has agreed not to do anything about. i think we're working too well together. our biggest problem, in my estimation, is not our country and not our people. it is the elitism that comes from career politics that dominates our congress and our country. [applause] a was asked today and asked the law -- i was asked today and asked a lot about what we can do about it. throw them out does not work unless you replace them with andple that are different. you a as i is 70% of the senate essentially has never had a job out of career politics. they are wonderful people. i get along great with dick durbin. i like him as an individual. our philosophies are entirely different. he means well, as well as many of the of the people that promote what i would consider policies that will undermine our future liberties. the thing is they lack a frame of reference from experience in the world like our farmers sitting over
hola, nothing. neil: here is what worries me, maybe you too. soon as it looked like our deficit is going to be $600 billion, i am thinking wow, only? that looks great. but it is piled on to our debt, we think we're out of the danger zone. we're not are we? >> people have a fall sense of security, a news flash, $600 billion plus deficits are a problem. what is more important, looking out. to 10 years, we have a trillion dollar plus deficit, we have got treated three diseases, social insurance programs, he'll carry costs, and -- health care costs and outdated, inadequate tax system, they are playing with symptoms, they are not treating the disease. disease. disease. by the way. today, we found out our premiums are going up 18% for health care, i thought affordable care act would save us money. neil: its own little debt quagmire, thank you, dave walker. >> my pleasure. neil: get a tax break. then pay i it, it back. in california easier said than done. ♪ [ male announcer ] you've reached the e where you don't back down from a challenge. this is the age of knowing how to make thing
if the deficit exists would create hazardous conditions or delays for pedestrians and bicycle. however, due to parking removal we would have a parking shortage but the shortfall is only considered substantial in a couple of locations. however, the purpose of the prp is to improve service for sin occupancy vehicles. the t p wouldn't have parking impacts. however, in consideration of the land use development in some corridors where parking lot would be significant there would be a significant and unavailable parking impact. in closings i have a few reminders for the record. staff is not here to answer comments today comments will be contributed in the writing document which will be respond to and make revisions. a court reporter is present as well as interpreters. there's no difference to the writing comments all comments will be treated the same way and those will be provided for your consideration before the certification of the financial eir. this is not a hearing to consider the proceeding of the process and they will be before the board of directors. comments today should be directed for
have better current account or lower current account deficits? >> well, you know, i think that the outflows are deserving by two things. one thing is quantitative easing tattering across the globe. and also due to long-term yields increasing in developed economies. of course, the investment, some of the investment is repatriated. another thing that the capital outflows discount is lower growth in emerging markets, which is a story that has been around now for six and eight-month and it does have some substance. and growth will be on average lower than what it used to be in emerging markets. so that's the point. i don't think that just because of capital movements you have an effect on the economies, on developed economies, what you call spillovers, but, of course, i think that the developed economies will have to do with lower growth from emerging economies, with lower demand, especially lower demand for commodities, especially for energy and metals, coming from emerging economies and this is a fact. so i don't see spillovers on the capital side. i definitely see spillover
. they will rely on cheap dollars to fund current account deficits. the indian rupee hit fresh new lows. jonathan garner looks at equities and offers a ray of hope for investors in china. he says china is better positioned than its peers. garner says so far, so good for the mainland economy. he says they are actually moving forward across a range of sectors. the oil major reports a rise in second-quarter earnings that beat forecasts, improved profitability at refining natural gas import businesses and offset lower international crude prices. petro china shares trading down less than one percent. andrew price said a bid for hong kong's biggest supermarket chain is a move that analysts say will help the conglomerate expand market share through a quality brand. shares on wednesday fell three percent and is now trading up .25%. >> they say money does not grow on trees, but money could be falling from the sky. the u.s. state of delaware had a massive amount of bills flying out of a helicopter. this turned out to be the dying wish of a man that used to live around the corner. his accountants carried ou
successful entrepreneurs dyslexic? it's a neurological problem, a deficit, it's a part of your brain that's not working properly. it's nothing you wish on a child, and yet in one case after another, many of the most famous entrepreneurs we know have lived their whole lives with this devastating disorder, and if you talk to them, will tell you they succeeded not in -- not in spite of this disorder, but because of it. that it taught them something about how to deal with the world, that proved to be incredibly valuable in their career. that's -- there's something very beautiful about those and moving about those kinds of stories. i tell it couple of them about -- it's a beautiful illustration of the paradox i'm interested in describing which is that very often we learn more from our disadvantages than we do from our advantages. >> is there any connection between david and goliath, the tipping point, outliers? >> well, you know, i wish there were. i wish there were some grand unfollowing narrative to argue if you own one, you had to own them all, but i don't think there is. i think that they
. the president speaking a couple days ago, said, look, there is no more deficit crisis. the deficit is coming down. here are his remarks. >> we don't have an urgent deficit crisis. the only crisis we have is one that's manufactured in washington, and it's ideological. and the basic notion is, is that we shouldn't be helping people get health care and we shouldn't be helping kids who can't help themselves and whose parents are underresourced, we shouldn't be helping them get a leg up. >> this is about the role of government in helping people reach their version of the american dream. >> sure. well, a couple things. obviously, i disagree with the president. i still think we have a deficit and debt crisis, debt nearing $17 trillion, but to the bigger point. i want to pick up on something your earlier guests said, when it comes to the american dream, the next great civil rights fight is about making sure every child as a great education. it comes down to making sure that every american has a chance at a great-paying job, starting with education. we like to say we're for equal opportunity in educa
to deficit reduction. where we make targeting spending cuts rather than taking the hatch off. that's the agenda that the republicans have embraced. if they continue down the path of extremist through the fall and next year, what i think is going to happen it's going to be give us more opportunities to expand the map and win congressional races that no one is predicting we have a chance to win. that's why we're doing everything we can in the democratic party to aggressiving on map expansion. that's why we're in arizona for our d.n.c. meeting. after this i will be go to texas for the next few days where there's been huge demographic shift a lot of unregistered hispanic citizen and get them registered and out to vote we know will support democratic candidates because they embrace our agenda and reject the alienation and extremism of the republicans. we're looking to turn states reliable red and purple and eventually blue. that's what american voters will have a choice between. they'll continue to choose democrats and we're going to have a lot of opportunities for success. folks want
a structural budget deficit in the city, so we need to deal, of course, with the short-term balancing our budget in a way that does not decimate city services that people rely on, but also to address our long- term structural budget deficit, and that means implementing some budget reforms. smooth out our budget process so it is not a boom/bust kind of budget. reforming our pension system and retiree health care system so that they are stable. we do a decent job providing low-income housing. we do a terrible job providing housing for low or middle class and middle-class people, people who are working and paying taxes that we need to have here for a functioning economy, so i am looking for ways to try to fund that, particularly for essential employees like teachers, nurses, first responders. projects coming up in the city like the renovation of dolores park, which is a once in 50 years opportunity to define what the park is and what changes we want to make to it. that will be a very significant projects. [inaudible] when was the last time it rained? there are puddles. we elect our superviso
, if we can't see a credible plan to reduce these deficits, then we're going to have no choice but to downgrade you. we went from aaa to aa-plus, neil. >> craig, i don't think that bothers -- i really don't think it bothers them because the stigma ended when the scarlet letter was removed. in other words, and the jinx was up. s&p said, look, you're no longer aaa. people realize after that, all right, we're no longer aaa. what's bad about that is we sort of set our aspirations lower and we sort of acted that way. >> well, maybe so, but perception, you know, may sometimes be stronger than reality. but ultimately reality kicks in. look, we've already seen the treasury bills up -- or the 10-year note up a full percent. that's a big cost to us financing this $17 trillion. we don't even know how much of a debt increase -- or ceiling increase they're asking for. >> we should explain that, craig. you're a genious, but when you have $17 trillion and the bargaining goes up by a percent, it's a lot. that's a big worry for you, right? >> you bet. and here's the problem, neil. you know as w
governor jerry brown turns around the terminator's destructive budget deficit. i'll talking with senator barbara boxer and conservative columnist george will has a new scapegoat for conservative policy failures. our rapid response panel will take on that claim late. "hardball" is on at 7:00 tonight. monday through friday. chris matthews 7:00 "hardball" coming up right after politics nation with reverend al sharpton. stay tuned. "the ed show" is back at 5:00 monday through friday. show." time now for you the ed show social media nation has decided that we are reporting. here are today's top trenders is voted on by you. >> i have a dream that we shall overcome. >> our number three trender. ashon advances the dream. >> i am marching for education, justice and freedom. >> stand tall in your community. fight for diversity. understand its strength. >> every child deserves a great education. >> and make sure that every school is resourced. >> every school deserves equal funding and resources. >> believe in yourself and fight for what you believe in. you're never too young or old to do something
to affect what happens in 2014. the other thing to keep in mind here, the deficit, unlike the last time republicans were threatening all sorts of things, the deficit is now a very tiny proportion of the gdp, on track to become 4% of the total economy by the end of this fiscal year. the congressional budget office is predicting 3.4% next year. this is the same as the 30-year average of a 3.4% deficit of the gdp. it is a non-issue, it should be a non-issue. >> ezra is your worry that the opponents of the debt ceiling will actually dig in stronger after they see a type of deal worked out for funding the government september 30? >> yes, it is part of that deal for funding the government. john boehner, they are going to ask, cantor said to reuters, the debt ceiling is a point of leverage. they're going to convince their caucus, the members, this is a good idea. and we'll get past the conference if there is any time after that. get past the continuing resolution. if there is any time, they thought they would have a couple of months before the debt ceiling. now we know we're going to have cont
began like many years before, trying to reduce significant budget deficits. but because we have pursued policies to control costs, grow our economy, create jobs and stabilize our fiscal health, this year i'm proposing a budget that protects our social safety net, one that increases public safety, and one that invests in our city's infrastructure at unprecedented levels. and it is a budget that significantly grows our city's reserves. this budget is being delivered as san francisco's economy is recovering, going, and moving in the right direction. and san franciscans are getting back to work. in fact, our unemployment rate has dropped, as you all know, from 9.5% in january of 2011 to an astounding 5.4% just last month. (applause) >> i know, i know it has -- it has not been easy. we've had to work hard with our health services system, our care -- our health care providers, and labor to reduce employee health care costs. and because of our collaboration, we will now save $52 million over the next two years. and we've made tough but necessary choices on everything from escalating pension co
. they rallied from the half time deficit. they don't win, but it is respectable, 34-26. matt flynn was bad. terrell pryor was good. 130 total yards and two scores to help rally the silver and black. no guarantee that he will make the warriors squad. curry will get a shot. they signed the guard and he went ungrafted -- and he went undrafted. naturally he will don number three for the warriors. this abc7 sports report is brought to you by river rock casino. interesting time with the raiders with what happened. terrell pryor looked good. >> that was a great showing the way they came back. >>> imagine a small car and now cut that size in half. that's exactly what this little car does. wake up weather. the morning will start with low clouds, fog and patchy drizzle. cool temperatures, 50s, 60s. lisa argen will be here at 5:00 a.m. carolyn some. >> sandhya, thank you. a new south korean car is taking the term sub compact to a new level. it looks like a high-tech golf cart. when you are ready to park it actually folds itself in half. the korea advanced institute of science and technology says this
robert costas explanation was sequestration. some sort of bigger deal on the budget deficit on the continuing resolution -- >> i'm missing -- you're missing my point. is there a threat here from people like rand paul and ted cruz and mike lee of utah from the right of your party, no the the center of your party, but the hard right, to basically play such "hardball" they're willing to face default or threaten default on the united states dollar, basically, in order to get their way to kill the law of the land which is the affordable care act? >> no, they're not going to default. >> what are all these reports about? >> they're going to push the fight, which they understood was not a good fight to have, to a bigger fight on the bigger fiscal realities facing the country. we are not -- >> okay. i want to give you another source. alex, this isn't just the "national review." the plan is to pass a 60-day cr extension, to keep spending at the existing sequestration levels. then house leadership wants to combine democratic desires to roll back sequestration with conservative desires
aired in its entirety. they rallied from the half time deficit. they don't win, but it is respectable, 34-26. matt flynn was bad. terrell pryor was good. 130 total yards and two scores to help rally the silver and black. no guarantee that he will make the warriors squad. curry will get a shot. they signed the guard and he went ungrafted -- and he went undrafted. naturally he will don number three for the warriors. this abc7 sports report is brought to you by river rock casino. interesting time with the raiders with what happened. terrell pryor looked good. >> that was a great showing the way they came back. >>> imagine a small car and now cut that size in half. that's exactly what this little car does. wake up weather. the morning will start with low clouds, fog and patchy drizzle. cool temperatures, 50s, 60s. lisa argen will be here at 5:00 a.m. carolyn some. >> sandhya, thank you. a new south korean car is taking the term sub compact to a new level. it looks like a high-tech golf cart. when you are ready to park it actually folds itself in half. the korea advanced institute of scien
that some were not need but that was not the case here there's a deficit in this area. the report also found that this commission determined that the facility would be capable with the city through further refinements to design. and it's this final dine we're working with at&t for the final design. i'll turn this over to my colleague. >> first, let's discuss the project. in the planning code to install the facility this project includes 9 panel antennas and nc one commercial district. the roof installation would be located within the ground floor area in the medical building. second the site is within a commercial building in a neighborhood commercial he district for the guidelines. the city locations and that includes the disfavorable types of. as such the guidelines twitch the use application has to show that the co- location sites or other preferred sites are located in the geographic service areas with the good faith measures to secure the sites and explains why such areas are were not successful and why this is so successful. the project sponsor submitted the information. for the sequa
that you cannot have everything your way and work out a reasonable way to reduce our deficit, create jobs, smoothly implement obamacare and make sure we focus on allowing everybody in america to have an opportunity to succeed. republicans are focused on making sure that president obama cannot be successful. that is unacceptable to most people. >> can we switch the topic to the nsa? this divide both parties. within your party, you see very strong defenders of the surveillance programs that are going on. i wonder if this is something you have gotten involved in. have you made a bridge or does not fall within your bailiwick? >> it certainly falls within my bailiwick on the official side. president obama talked about protecting our national security interests in protecting the american's privacy it is critical. i have spent time on this. i spent five years on the judiciary committee during the reauthorization process of the patriot act and has spent some time on the privacy and security issues. these programs, while in some ways they are troubling, it is going to make some uncomfortable. the
deficit. driven primarily by a $400 million increase in annual teacher pension payments. parents of affected children say the closures disproportionately affect black students who live in areas where the schools were shut down. joining me now is kerry patterson. she's parent of a son who goes to a public school in chicago. she's trying to get him in to a better school. this has been confusing to me for years. how is it that downtown chicago is so safe and where your son will attend school is not safe? >> um, basically downtown, you know, it costs money, of course, that's why it's nice for tourism. they have to maintain some type of positivity for the city. >> is that acceptable to you that your child would wound out to be political fodder as they try to figure out how to fix chicago? >> no, it's not. that's why my son is not going to the homeschool that they assigned to him. i refuse to send him there. >> assuming that in this case, president obama, who hails from chicago, he calls chicago his home. and rahm emmanuel, mayor of chicago, assuming he's listening, what do you have to
is the largest school closing in chicago history. the closure are the result of a $1 billion deficit and $400 million breeze in annual teacher pension payments. and parents say the closures are disproportionate, and harm black students more in those areas where schools have been shut down. we go to adam sharky, the chicago teacher union vice president. it seems like this system is failing the students in chicago once again. mr. sharky is the system failing-- >> i'm sorry, i can't make out the question. the mic level is low. >> the question that has to be asked, is the chicago school accept faisystem failing the sth such dismal numbers. >> i think what i understand you're asking me, what the effect of these policies are going to be with safe passage, with the closing schools, whether that is going to be on the people of chicago? you know, i think they'll probably succeed in getting adults out to watch the students move back and forth on these safe passage routes. but the bigger question the affect of laying off 850 school employees and 50 schools across the city, and what effect that will have
finding to congress it the immigration reform will play a role in our reducing our national deficit. i think we need to recognize with is a surge of the boarder need to see the surge it will bring to our economy. mayor lee hit it. the supporting business and keeping the right talent will create more jobs. so we continue to drive that messages home. the majority of americans when i look at the numbers support this common sense approach. creating more jobs fueling the economy with the right talent and the right folks we have been educating. so when you look at the numbers and the pop up most americans support this. and they'll see the benefits in their communities. i've repealed many companies and it requires us to come and see the support at the state and national level what's fueling the education don't for the community. we get real focused on the national community but it's at the state and local level. and even smaller towns across the country. so the messages it is from the state and local level first >> let's hear
they expect of $150 million deficit over ten months because of sequestration. . >>> bay area's home prices continue to rise and they're beating of the national average. the index of 20 cities show u.s. home prices rose more than 20% between june of last year and june of this year. one of biggest incr is right here on the bay area. >>> the council approved the ordinance in a 9-4 vote today. to banning sty foam. some styrofoam. s. >>> happening now the palo alto park and rec commission is meeting at this hour of out lawing the feeding of wile animals and that includes ducks and geese and cats. feeding posts a health risk to animals and humans. >>> virus similar to measle is killing follow fins on the east coast. dolphins have washed up on beaches since july 1st t. suppresses their i immune system. dol have been found because they contracted other diseases. >>> about half an hour before the sun set and for most of us there is still plenty of sunshine outside our doors which is low clouds and fog hugging the close line. giving you a look there at the low clouds. and areas right around -- 68 de
? >> that is the difference between how many people were employed and how many were employed in july. the actual jobs deficit is bigger than that, however. lori: what is the deficit? >> between seven and seven and a half million. lori: since we follow the payroll report on a monthly basis, how many new payrolls need to be created in the economy. >> if we have job growth of about 80,000 every month, that would be enough to keep the unemployment rate unchanged. it is almost 7.5%, which is terrible. we have to add jobs at a faster rate than 80,000 a month. in the last 2.5 years, we have been adding at the rate of 80,000 per month. that is pretty slow progress. the jobs deficit in spring quarter was about 7.4 billion. lori: you are throwing out a lot of numbers. as we have seen in recent payroll readings, would you say that is a recent improvement? >> we have done better in the last 2.5 years. we have been closing the jobs deficit. we have cut it back by about a quarter. it is an incredibly long recovery. adam: can you pinpoint why? >> a lot of ways to account for this stock. there is not enough demand in the un
is not ready. the deficit is widening, gold is down and inflation specials remain high. money managers reading the measures taken causing panic mood and adding to the pressure. >> reporter: here in brazil, it led to capital flight, currency we can buy 20 against the dollar this year. aggressive rate rises have done little to sustain the weaknesses and high inflation. the government is trying to apiece investors saying it has weapons. but you have to remember presidential elections are just around the corner, over 13 months away and as the recent civil unrest proved, people here take the royal in their pockets seriously. so let's hope this year socket world cup and 2016 olympics can brighten the mood in latin america's largest economy. >>> now, some of those same countries are straddled with debt and political uncertainty and for american companies that have exposure to the markets, the risk is big. we have more on what it could mean for your money. >> reporter: emerging markets, once considered the saviors of the world economy thriving even in the face of the u.s. and europe's receptions, but
Search Results 0 to 49 of about 238 (some duplicates have been removed)